BurgerFi International, Inc. (BFICQ) — Tangible Net Worth Ratio
BurgerFi International, Inc. (BFICQ) has a Tangible Net Worth Ratio of -185.6% as of March 2024. This metric is calculated by deducting intangible assets ($148.79 Million) from net assets ($52.09 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See BFICQ net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
BurgerFi International, Inc. Tangible Net Worth Ratio (2020–2023)
This chart shows how BurgerFi International, Inc.'s Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at -185.6%, reflecting net assets of $52.09 Million with intangible assets of $148.79 Million USD. See operational self-sufficiency of BurgerFi International, Inc. to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for BurgerFi International, Inc. (2020–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for BurgerFi International, Inc. from 2020 to 2023, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see BurgerFi International, Inc. (BFICQ) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -163.5% | $57.25 Million | $150.86 Million | $258.48 Million | ▼ -60.6 pp |
| 2022 | -102.9% | $78.95 Million | $160.21 Million | $276.78 Million | ▼ -105.6 pp |
| 2021 | 2.6% | $173.28 Million | $168.72 Million | $317.72 Million | ▼ -52.3 pp |
| 2020 | 54.9% | $259.07 Million | $116.82 Million | $289.12 Million | — |